Ministry of Heavy Industries
IMPLEMENTATION OF PM eBUS SEWA PAYMENT SECURITY MECHANISM SCHEME
Posted On: 17 MAR 2026 4:51PM by PIB Delhi
PM e-Bus Sewa–PSM Scheme was notified on 28.10.2024. The details of implementation progress is as below:
- Scheme guidelines and Standard Operating Procedure (SOPs) have been published.
- 19 States/UTs have submitted the Direct Debit Mandate (DDM) to Reserve Bank of India as on 12.03.2026.
- As on 28.02.2026, Tender for 6,228 number of buses were concluded under PM-eBus Sewa Scheme of MoHUA. Letter of Award for 4720 buses have been issued by Public Transport Authorities (PTA).
- Tender for 10,900 buses under PM E-DRIVE scheme are concluded and tender for 2,900 buses is under progress.
- Rs. 500 crore has been disbursed to CESL in the first tranche to set up the PSM Fund in FY 2025-26.
- List of sanctioned buses under PM e-Bus Sewa scheme and PM e-Drive scheme is provided in the Annexure 1.
The total amount sanctioned and spent for the infrastructure proposals (Behind-the-Meter power infrastructure and Civil Depot Infrastructure) till December 2025 is Rs 1254.38 crore and Rs. 483.70 crore respectively under the Scheme. The details of the state-wise amount sanctioned are provided in Annexure-2.
The timeline for deployment varies from tender to tender. However, typically the deployment timeline for buses is considered to be two (2) years from the date of signing of the Concession Agreement between the PTA and the OEM. The PSM Scheme provides payment security coverage for a period of up to 12 years for each bus deployed under the Scheme.
The scheme provides the State with a 90‑day window to repay the disbursed amount along with applicable Late Payment Surcharge (LPS), thereby reinforcing financial stability for the State Transport Undertaking under the Payment Security Mechanism.
Annexure-1
|
S.No |
State |
Cities |
Sanctioned Buses |
|
1 |
Gujarat |
Surat |
600 |
|
Ahemdabad |
1,200 |
||
|
2 |
Karnataka |
Bengaluru |
4,500 |
|
3 |
Maharashtra |
Mumbai |
1,500 |
|
Pune |
1,000 |
||
|
4 |
Telangana |
Hyderabad |
2,200 |
|
5 |
Delhi |
Delhi |
2,800 |
|
A |
Total (PM E-DRIVE) |
13,800 |
|
|
S.No. |
State |
Cities |
Sanctioned Buses |
|
1 |
Andhra Pradesh |
Amaravati |
50 |
|
2 |
Anantapur |
50 |
|
|
3 |
Guntur |
100 |
|
|
4 |
Kadapa |
50 |
|
|
5 |
Kakinada |
50 |
|
|
6 |
Kurnool |
50 |
|
|
7 |
Nellore |
100 |
|
|
8 |
Rajahmundry |
50 |
|
|
9 |
Tirupati |
350 |
|
|
10 |
Vijayawada |
100 |
|
|
11 |
Visakhapatnam |
100 |
|
|
12 |
Gujarat |
Bhavnagar |
100 |
|
13 |
Gandhidham |
50 |
|
|
14 |
Navsari |
50 |
|
|
15 |
Gandhinagar |
100 |
|
|
16 |
Jamnagar |
50 |
|
|
17 |
Junagadh |
50 |
|
|
18 |
Rajkot |
100 |
|
|
19 |
Vadodara |
250 |
|
|
20 |
Madhya Pradesh |
Bhopal |
195 |
|
21 |
Indore |
270 |
|
|
22 |
Jabalpur |
200 |
|
|
23 |
Sagar |
32 |
|
|
24 |
Gwalior |
100 |
|
|
25 |
satna |
20 |
|
|
26 |
Dewas |
55 |
|
|
27 |
Ujjain |
100 |
|
|
28 |
Maharashtra |
Ahilyanagar |
40 |
|
29 |
Akola |
50 |
|
|
30 |
Amravati |
50 |
|
|
31 |
ChatrapatiSambhajinagar |
100 |
|
|
32 |
Bhiwandi |
100 |
|
|
33 |
Chandrapur |
50 |
|
|
34 |
Dhule |
28 |
|
|
35 |
Ichalkaranji |
25 |
|
|
36 |
Jalgaon |
50 |
|
|
37 |
KalyanDombivli |
100 |
|
|
38 |
Kolhapur |
100 |
|
|
39 |
Latur |
50 |
|
|
40 |
Mira Bhainder |
100 |
|
|
41 |
Nagpur |
150 |
|
|
42 |
Nashik |
100 |
|
|
43 |
Sangli |
50 |
|
|
44 |
Solapur |
100 |
|
|
45 |
Thane |
100 |
|
|
46 |
Ulhasnagar |
100 |
|
|
47 |
Vasai Virar City |
100 |
|
|
48 |
Malegaon |
26 |
|
|
49 |
Prabhani |
40 |
|
|
50 |
Meghalaya |
Shillong |
55 |
|
51 |
Odisha |
Sambalpur |
50 |
|
52 |
Berhampur |
50 |
|
|
53 |
Bhubaneswar |
100 |
|
|
54 |
Rourkela |
100 |
|
|
55 |
Cuttack |
100 |
|
|
56 |
Puducherry |
Puducherry |
75 |
|
57 |
Rajasthan |
Ajmer |
100 |
|
58 |
Alwar |
100 |
|
|
59 |
Bhilwara |
50 |
|
|
60 |
Bikaner |
125 |
|
|
61 |
Jaipur |
450 |
|
|
62 |
Jodhpur |
125 |
|
|
63 |
Kota |
100 |
|
|
64 |
Udaipur |
50 |
|
|
65 |
Sikhar |
50 |
|
|
66 |
Uttrakhand |
Dehradun |
100 |
|
67 |
Haridwar |
37 |
|
|
68 |
Assam |
Guwahati |
100 |
|
69 |
Chandigarh |
Chandigarh |
428 |
|
70 |
Haryana |
Gurugram |
100 |
|
71 |
Faridabad |
100 |
|
|
72 |
Hisar |
50 |
|
|
73 |
Karnal |
50 |
|
|
74 |
Panipat |
50 |
|
|
75 |
Rohtak |
50 |
|
|
76 |
Yamuna Nagar |
50 |
|
|
77 |
Bihar |
Bhagalpur |
50 |
|
78 |
Darbhanga |
50 |
|
|
79 |
Gaya |
50 |
|
|
80 |
Muzzafarpur |
50 |
|
|
81 |
Patna |
150 |
|
|
82 |
Purnea |
50 |
|
|
83 |
Arunachal Pradesh |
Itanagar |
50 |
|
84 |
Goa |
Panaji |
50 |
|
85 |
Himachal Pradesh |
Shimla |
25 |
|
86 |
Dharmsala |
25 |
|
|
87 |
Chattisgarh |
Durg |
50 |
|
88 |
Raipur |
100 |
|
|
89 |
korba |
40 |
|
|
90 |
Bilaspur |
50 |
|
|
91 |
karnataka |
Belgagavi |
100 |
|
92 |
Bellary |
50 |
|
|
93 |
Davanagere |
50 |
|
|
94 |
Dharwad |
100 |
|
|
95 |
kalaburagi |
100 |
|
|
96 |
Mangaluru |
100 |
|
|
97 |
Mysuru |
100 |
|
|
98 |
Shimoga |
50 |
|
|
99 |
Tumakuru |
50 |
|
|
100 |
Vijayapura |
50 |
|
|
101 |
Punjab |
Amritsar |
100 |
|
102 |
Ludhiana |
100 |
|
|
103 |
Patiala |
50 |
|
|
104 |
Jalandhar |
97 |
|
|
105 |
SahibzadaAjit Singh Nagar |
100 |
|
|
106 |
Kerela |
Kerala |
293 |
|
107 |
Telangana |
Nizamabad |
51 |
|
108 |
Warangal |
100 |
|
|
109 |
Manipur |
Imphal |
50 |
|
110 |
Andaman & Nicobar |
Andaman & Nicobar |
45 |
|
111 |
Jammu & Kashmir |
Srinagar |
100 |
|
112 |
Jammu |
100 |
|
|
113 |
Ladakh |
Ladakh |
48 |
|
114 |
Dadra &nagarhaveli,Daman& DIU |
Dadra &nagarhaveli,Daman& DIU |
50 |
|
B |
Total (PM-eBusSewa) |
10,000 |
|
|
C |
Total Scheme Buses (A+B) |
23,800 |
|
Annexure- 2
|
# |
State/UT |
Amount sanctioned (Rs. in Cr.) |
Amount Spent (Rs. in Cr.) |
||||
|
BTM |
Civil |
Total |
BTM |
Civil |
Total |
||
|
1 |
Andhra Pradesh |
30.18 |
65.41 |
95.59 |
0 |
0 |
0 |
|
2 |
Assam |
3.84 |
12.81 |
16.65 |
3.33 |
7.52 |
10.85 |
|
3 |
Bihar |
79.25 |
33.21 |
112.46 |
79.25 |
8.3 |
87.55 |
|
4 |
Chandigarh |
11.87 |
0.00 |
11.87 |
11.87 |
0 |
11.87 |
|
5 |
Chhattisgarh |
30.36 |
20.19 |
50.55 |
25.09 |
6.07 |
31.16 |
|
6 |
Gujarat |
35.69 |
40.61 |
76.30 |
19.88 |
9.06 |
28.94 |
|
7 |
Haryana |
13.44 |
8.69 |
22.13 |
0 |
0 |
0 |
|
8 |
Jammu and Kashmir |
14.28 |
28.09 |
42.37 |
0 |
0 |
0 |
|
9 |
Madhya Pradesh |
55.01 |
36.39 |
91.40 |
1.32 |
0 |
1.32 |
|
10 |
Maharashtra |
228.21 |
142.28 |
370.49 |
167.65 |
32.53 |
200.18 |
|
11 |
Meghalaya |
8.95 |
9.00 |
17.95 |
0 |
0 |
0 |
|
12 |
Odisha |
54.11 |
34.05 |
88.16 |
39.91 |
7.96 |
47.87 |
|
13 |
Puducherry |
8.15 |
0.00 |
8.15 |
0 |
0 |
0 |
|
14 |
Punjab |
22.90 |
20.87 |
43.77 |
14.27 |
5.23 |
19.5 |
|
15 |
Rajasthan |
60.08 |
42.03 |
102.11 |
35.84 |
8.62 |
44.46 |
|
16 |
Uttarakhand |
12.02 |
15.36 |
27.38 |
0 |
0 |
0 |
|
17 |
Karnataka |
37.82 |
39.23 |
77.05 |
0 |
0 |
0 |
|
Total |
706.16 |
548.22 |
1254.38 |
398.4 |
85.29 |
483.7 |
|
This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.
*****
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